Delano’s Post

𝟐𝟎𝟐𝟑 𝐑𝐞𝐜𝐚𝐩 𝐚𝐧𝐝 𝟐𝟎𝟐𝟒 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 — Elevating Investor Onboarding and 360° KYC/AML operations with Vestlane! It’s never too late to say goodbye to a great year - 2023, we will remember you as a record-breaking one. 📈 𝟏𝟓𝟎 𝐅𝐮𝐧𝐝𝐬 𝐨𝐧 𝐕𝐞𝐬𝐭𝐥𝐚𝐧𝐞 "𝙄𝙩'𝙨 𝙖 𝙧𝙚𝙖𝙡 𝙥𝙡𝙚𝙖𝙨𝙪𝙧𝙚 𝙩𝙤 𝙚𝙖𝙧𝙣 𝙩𝙝𝙚 𝙩𝙧𝙪𝙨𝙩 𝙤𝙛 𝙮𝙤𝙪𝙧 𝙘𝙪𝙨𝙩𝙤𝙢𝙚𝙧𝙨 𝙨𝙡𝙤𝙬𝙡𝙮 𝙤𝙫𝙚𝙧 𝙩𝙞𝙢𝙚 𝙗𝙮 𝙙𝙤𝙞𝙣𝙜 𝙬𝙝𝙖𝙩'𝙨 𝙧𝙞𝙜𝙝𝙩."— Charlie Munger (R.I.P.) In a year of uncertainties we were extremely happy to see how many fund managers raised new funds with us. Private capital fuels the innovation that is so desperately needed to solve the pressing issues of our time. By now we support more than 150 funds with digital subscription, fast and compliant investor onboarding across multiple jurisdictions and ongoing KYC & AML compliance - and there is more to come. 5️⃣ 𝐓𝐡𝐞 𝟓-𝐌𝐢𝐧𝐮𝐭𝐞-𝐒𝐮𝐛𝐬𝐜𝐫𝐢𝐩𝐭𝐢𝐨𝐧 "𝙄 𝙖𝙢 𝙣𝙤𝙩 𝙨𝙪𝙧𝙚 𝙬𝙝𝙖𝙩 𝙩𝙤 𝙙𝙤 𝙣𝙤𝙬? 𝙄𝙩 𝙨𝙖𝙮𝙨 𝙨𝙞𝙜𝙣𝙚𝙙 𝙖𝙣𝙙 𝙙𝙤𝙣𝙚, 𝙗𝙪𝙩 𝙞𝙨 𝙩𝙝𝙖𝙩 𝙘𝙤𝙧𝙧𝙚𝙘𝙩?" When investors write support tickets because they can’t believe they’re already done: An investment in a private fund doesn’t need to be lengthy and onerous. Investors benefit from our investor wallet enabling fully compliant fund subscriptions within minutes instead of weeks. 👥 𝟔𝟎𝟎𝟎 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 𝐚𝐧𝐝 𝐅𝐮𝐧𝐝 𝐌𝐚𝐧𝐚𝐠𝐞𝐫𝐬 "60% 𝙤𝙛 𝙤𝙪𝙧 𝙞𝙣𝙫𝙞𝙩𝙚𝙙 𝙞𝙣𝙫𝙚𝙨𝙩𝙤𝙧𝙨 𝙖𝙡𝙧𝙚𝙖𝙙𝙮 𝙝𝙖𝙙 𝙖 𝙑𝙚𝙨𝙩𝙡𝙖𝙣𝙚 𝙖𝙘𝙘𝙤𝙪𝙣𝙩 𝙖𝙣𝙙 𝙟𝙪𝙨𝙩 𝙞𝙢𝙥𝙤𝙧𝙩𝙚𝙙 𝙖𝙡𝙡 𝙙𝙖𝙩𝙖 𝙩𝙝𝙚𝙮 𝙣𝙚𝙚𝙙𝙚𝙙. 𝙄 𝙬𝙖𝙨 𝙧𝙚𝙖𝙡𝙡𝙮 𝙗𝙡𝙤𝙬𝙣 𝙖𝙬𝙖𝙮 𝙗𝙮 𝙝𝙤𝙬 𝙛𝙖𝙨𝙩 𝙬𝙚 𝙘𝙡𝙤𝙨𝙚𝙙 𝙤𝙪𝙧 𝙛𝙪𝙣𝙙. 𝙄 𝙧𝙚𝙢𝙚𝙢𝙗𝙚𝙧 𝙩𝙝𝙚 𝙥𝙖𝙥𝙚𝙧 𝙩𝙞𝙢𝙚𝙨." With a an ever growing community of now more than 6000 investors, we continue to be the go-to platform and backbone that sets new standards for the whole fund closing process. 💰 𝐄𝐔𝐑 𝟖 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐂𝐨𝐦𝐦𝐢𝐭𝐦𝐞𝐧𝐭𝐬 𝐟𝐫𝐨𝐦 𝟔𝟎 𝐣𝐮𝐫𝐢𝐬𝐝𝐢𝐜𝐭𝐢𝐨𝐧𝐬 "𝙒𝙚 𝙬𝙤𝙪𝙡𝙙 𝙥𝙧𝙚𝙛𝙚𝙧 𝙩𝙤 𝙛𝙞𝙡𝙡 𝙤𝙪𝙩 𝙩𝙝𝙚 𝙨𝙪𝙗𝙨𝙘𝙧𝙞𝙥𝙩𝙞𝙤𝙣 𝙞𝙣𝙛𝙤𝙧𝙢𝙖𝙩𝙞𝙤𝙣 𝙫𝙞𝙖 𝙑𝙚𝙨𝙩𝙡𝙖𝙣𝙚, 𝙣𝙤𝙩 𝙞𝙣 𝙥𝙖𝙥𝙚𝙧 𝙛𝙤𝙧𝙢, 𝙖𝙨 𝙬𝙚 𝙖𝙡𝙧𝙚𝙖𝙙𝙮 𝙝𝙖𝙫𝙚 𝙖𝙣 𝙖𝙘𝙘𝙤𝙪𝙣𝙩 𝙩𝙝𝙚𝙧𝙚." When a large German public investor favors you over paper, you’re becoming optimistic about the future. We are thrilled by the trust placed in Vestlane's infrastructure, as investors have now committed more than EUR/USD 8 billion - among them the world's biggest and most prominent investors and asset managers. 🏔️ 𝐄𝐧𝐭𝐡𝐮𝐬𝐢𝐚𝐬𝐦 𝐚𝐧𝐝 𝐝𝐞𝐭𝐞𝐫𝐦𝐢𝐧𝐚𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝟐𝟎𝟐𝟒 We see 2024 not as a year of doom and gloom but look forward to a year of unprecedented chances and peaks making Vestlane the catalyst to seamless fund participation and fund lifetime compliance. 🙏 Thank you to our investors, fund managers, and the entire Vestlane team for their continuous support.

Money launderers present a significant risk to the operations of wealth management firms. Safeguard your business and clients by utilizing KYC measures that precisely authenticate digital identities on a global scale through extensive data sources. [1] Compliance Across Borders  As wealth management enterprises extend their reach internationally, they grapple with diverse AML and KYC regulations across various regions. The KYC-Chain platform offers versatile and adjustable workflows, facilitating swift compliance with new regulations and the ability to navigate evolving market dynamics. [2] Striking a Balance Between Speed and Security  Recognize that not all threats are uniform, and tailor your response accordingly. Implement adaptable identity verification methods that align with your risk-based approach while maintaining a seamless customer experience. [3] Confronting Global Challenges  Sidestep the hurdles associated with international expansion. Equipped with a comprehensive end-to-end identity platform, wealth management firms can effortlessly expand across regions, international markets, and industries. The KYC-Chain platform empowers wealth management firms with the flexibility required to promptly respond to fluctuating market conditions. Schedule a demo call now -> https://lnkd.in/gnHNCN4 Read more about KYC for Wealth Management firms - https://lnkd.in/eVE2n7Rb

Fenergo partners with Generali Investments to counteract advanced money laundering techniques Generali Investments Holding, a powerhouse in the world of asset management with over €504bn assets under management (AUM), has chosen to partner with Fenergo, the industry leader in digital solutions for Know Your Customer (KYC), Transaction Monitoring, and Client Lifecycle Management (CLM). Read the story here: https://loom.ly/Yd9w3Y0 #FinTech #RegTech #KYC

Fenergo partners with Generali Investments to counteract advanced money laundering techniques Generali Investments Holding, a powerhouse in the world of asset management with over €504bn assets under management (AUM), has chosen to partner with Fenergo, the industry leader in digital solutions for Know Your Customer (KYC), Transaction Monitoring, and Client Lifecycle Management (CLM). Read the story here: https://lnkd.in/gEN6ccSR #FinTech #RegTech #KYC

Investor onboarding and AML/KYC   After a fund is launched, the next pain point that fund managers face is investor onboarding and AML/KYC compliance.    In a digital world, it’s no longer an option to deal with pages of paper-based forms. Every fund manager's wish is to provide a streamlined and simplified process for their investors and uphold the high quality of experience throughout the journey.   By utilising our digital platform, fund managers can efficiently onboard investors while ensuring compliance with AML/KYC requirements. This streamlined approach saves time and reduces administrative burdens.   From electronic application forms allowing investors to re-use their investment entities to real-time UBO verification and automated AML/KYC, FundBase Group’s aim is to ensure a seamless onboarding experience.   With FundBase Group’s Fund-in-a-Box, fund managers can navigate the fund manager journey with confidence, knowing they have access to cutting-edge technology and comprehensive support every step of the way.   #FundManagerJourney #FundInABox #Fintech #Efficiency #Compliance  

Fund management has seen remarkable growth, with the need for rigorous compliance checks on a diverse investor base. 📊 Fund administrators are tasked with conducting thorough Know Your Customer (KYC) and Anti-Money Laundering (AML) checks to ensure the security and legality of investments. These checks include identity verification, background assessments, and ongoing monitoring. 🕵️ But the challenge escalates when dealing with multiple investors across various funds. That's where KYC-Chain's Multi-Scope tool steps in! 🚀 This proprietary feature offers a unified yet separate overview for each fund, streamlining compliance and providing transparency. 🤝 Empower your fund management with control and insight. Contact us for a demo and explore the future of compliance. 💼 https://kyc-chain.com/demo #FundManagement #KYC #AML #Compliance #Innovation

Altum Group partners with RiskScreen to optimise KYC procedures - IBS Intelligence: What differentiates RiskScreen from all other RegTech businesses is our approach to using compliance as a competitive advantage for our customers. #regtech #cdo #datagovernance

The recent complexities surrounding Mutual Fund KYC have caught the attention of the industry, prompting action from AMFI. With a focus on resolving the impasse, AMFI has approached SEBI, recognizing the need for a collaborative solution. This proactive step demonstrates the industry's commitment to ensuring a smooth and efficient KYC process for investors. Engaging in constructive dialogue with regulators aims to address challenges while upholding regulatory standards. As mutual fund distributors, let's stay tuned for further developments and continue advocating for a KYC process that strikes the right balance between compliance and user experience. Together, we can foster a more accessible and investor-friendly mutual fund ecosystem! #MutualFunds #KYC #InvestorExperience

SEBI’s new KYC regulations: What investors need to know #SEBI has stated that from April 1st, investors with an ‘on-hold’ #KYC status will not be able to carry out any transactions in #MutualFunds. This includes investing in new mutual funds or redeeming units from existing mutual funds. #Finance #Market #News https://lnkd.in/dTrjM7yu

New KYC rules for mutual funds in 2024-25: Here's what you should know https://lnkd.in/gV8c7Fc8 Follow for more updates Business2Business . . . #newkycrules #mutualfunds #latestnews #trendingnews